Asian stocks rose for a second day, led by Japanese exporters as the yen slid to a four-year low against the dollar after the Bank of Japan’s stimulus policies were unopposed at a Group of 20 meeting.
Nikkei 225 13,568.37 +251.89 +1.89%
Hang Seng 22,084.58 +71.01 +0.32%
S&P/ASX 200 4,966.6 +34.69 +0.70%
Shanghai Composite 2,242.17 -2.47 -0.11%
Nissan Motor Co., a Japanese carmaker that gets 79 percent of sales overseas, climbed 2.6 percent.
China Unicom Hong Kong Ltd., the nation’s second-largest wireless carrier, jumped 3.9 percent after increasing its third-generation mobile subscribers.
PICC Property and Casualty Co., China’s biggest non-life insurer, slipped 3 percent in Hong Kong after an earthquake struck the southwestern Chinese province of Sichuan at the weekend.